YEARLY HIGH
0.0026 BDT
YEARLY LOW
0.0025 BDT
YEARLY AVERAGE
0.0026 BDT

2023 IRR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0026. Conversely, the yearly low was recorded on January 25, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0002 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0026, the exchange rate registered a net change of 4.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0026 was up 2.17% compared to the 2022 peak of 0.0026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IRR based on timing:

Yearly Peak High 13 BDT
2022 Average 11 BDT
Yearly Trough Low 12 BDT
Transaction Impact: A difference of 0.82 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0026
0.0025
JanuMarcMayJulySeptNove

IRR to BDT Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0025, compared to 0.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0026

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0001 BDT (High: 0.0026 / Low: 0.0025). On the other end, October was the most stable month, with a tight range of 0.0000 BDT (High: 0.0026 / Low: 0.0026).

February Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0000 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0026) against the same month in 2022 (average: 0.0025), the exchange rate shifted by +0.0001 (+4.70%).

2023 Avg (December) 0.0026
2022 Avg (December) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0025 0.0025
February 0.0026 0.0025 0.0025
March 0.0025 0.0025 0.0025
April 0.0025 0.0025 0.0025
May 0.0026 0.0025 0.0025
June 0.0026 0.0025 0.0026
July 0.0026 0.0025 0.0026
August 0.0026 0.0026 0.0026
September 0.0026 0.0026 0.0026
October 0.0026 0.0026 0.0026
November 0.0026 0.0026 0.0026
December 0.0026 0.0026 0.0026